Arizona weekly enterprise., 1887-11-12
ARTICLES OF INCORPORATION
 of the FLORENCE CANAL COMPANY.

fLOhENCE CANAL COM FAN '. We, D. s. Thomas J. M. Hurley, Charles Hall, John Vaile, B. F. Garner, R. H. Mar all, j. H. Wrampelmer, T. J. Wraopelmeir. tW. P. Stone, W. J. Linville. R. E. sloan, Thomas Davis, J. D. Rittenhouse and w. N Cran.iall, desiring to incorporate ourselves un- der the provisions of the laws of the Territory of Arizona, for the purpose of engaging in and transacting the lawful business pursuit and enterprise hereinafter specified, do adopt these Articles of Incorporation and sign and &C., know ledge the same according to law, and de- clare:
 That the name of the corporators are D. s. Thomas, J. M. Hurley, Charles Hall. John Vail,e B. F. Garner, R. H. Martin. ]. H. Stone, w. J. Tinville, k. k. Sloan, Thomas Davis, J. D. Rittenhouse and w. N Gran dall
 The name of the Corporation saall be the FLORENCE CANAL COMPANY, and it's principal place of transactng business shall be orence, County of Pinal, Territory | of ,rizona.
 1 The general nature of the business, pursuit, | occupation and enterprise proposed to be 1 transacted and engaged in by said corporation | | dams, canals fumes, ditches, conduits, reser- voirs, gates, lateral ditches, aqueducts, and such other structures and appliances as may l be necess ary or convenient in damming, col lecting, obstructitg, conducting and regulating 1 the flow Of water, to appropriate and bur- chase water and water rights, dams ditches canals. fumes, Water ways, franchises and all water appliances, to sell water and the use thereof. water rights and privileges, to use and furnish for use water for any agricultural, 1fainor AL CT beneficial purpose; to acquire by location, purchase or Tn any other manner, lands and 1 real estate or interest therein, and ali other | kinds of property, real, personal or mixed, | and hold, sell and convey the same; to loan l money and borrow money and contract to re- | pay the same at such time or times and with such rate or rates of inte as its Board of | Directors may see fit; to issue bonds and exc cute mortgages to secure any loans, or for any ot its indebtedness, upon any of its property hereafter acquired, and to pledge and hy- l pothecate any of its property to pay any of its indebtedness secure any loans And to &C., quire by pur hase from the Florence Canal and Land Company, organized March Sth 1886, and known and designated and doing business since the 31st day of July, 1886. at which time its Articles of Incorporation were amended as the the Florence Canal andNa- ter Company, all of it's water ri Shts, dams ditches, gates, fumes, canals, water ways franchises and all water privileges, and to ex- tend, enlarge and complete the same.
 III.
 The amount of the capital stock of this cor poraUion shall be Five Hundred Thousand t500 000) Dollars, divided into Ten Thoasand 100000 shares O. Fifty (S50) Dollars each, and the conditions upon which it is to be paid are l as follows, to wit:
 The whole thereof is to be psid immediately upon making the subscription therefor, and no subscription tor such stock shall be allowed unless at the tune of making the same the lull amount therefor sh IL be paid in money or it's equivalent.
 Shares Of stock of the above mentioned Florence Canal and Water Company shall be deemed equivalent, and shall be received by this Co poration the payment for the stock l thereof, the rate and proportion of Two t2 Shares of the capital stock of the Florence Ca nal and Wate Company for One (1) share of the Capital Stock of this corporation. The Stock of this Corporation, when issued upon the above conditions is non- assessable, and the words ''non- assessaIle is to be printed or written upon same at time of issue.
 ".
 The time of the commencement of this cor poration shall be the day oi the filing of these Articles Of Incorporation i the office of thu ,,ecorder ot fInai County, Arizona Territory and the termination thereof shall be Fifty (50 years thereafter.
 h af irs of this Corporation shall be con
 t tad is accordance with it's bylaws by 3 nj Fi.s (5) Directors to be elected an 1y tn stockh )lders on second t2nd
 sy October of each year. No one shal De eis sible to the office of Director who is not stock holder of this corporation VI
 , The highest amount of liability or indebt 1 edness direct or contingent, to which this cor pOration Is st any one time to be subject shall il no exceed the sum of Three Hundred Thousand (30), ,00J) Dollars.
 VII.
 The private property of the members of thi corporation shall not be liable for the eorpo rate debts of this corporation. U VIII The Board of Directors shall have power t. establish by laws and make all rules and reg n Il atiUas deemed expedient for the manage |. l ment of the affairs of this corporatio ], no inconsistent with the constitution and laws o the United States and the laws of this Terri ! tory.
 In Witness Whereof, we have hersunto SC our hands and seals, this 1st day of 1eptembe A. D., 1887.
 6 D. s. THOMAS, [SeaI
 CHAS. HALL, Sea
 J. NJ. HURLEY, Sea
 JOHN VALE, Sea
 B. F. GARNER. fSeal , By his atty in fact, w. N. CRANDALL
 R. H. MANTIN. TSea